SCI Start the Week - 17 December

Category: ABS CDO CLOs

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A review of securitisation activity over the past seven days

Market commentary
European CMBS BWIC activity swelled after the Taurus 2018-3 DEU deal priced last week (SCI 12 December). Unusually, noteholders were offered an early prepayment on 14 December as an incentive to price the transaction before the end of the year.

The market remains soft as conditions refuse to buck the widening spread trend.

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